  RA state budget envisages 1% GDP growthJuly 7, 2009 - 14:13 AMT PanARMENIAN.Net - The Armenian government has started drawing up the national budget, which envisages 1% GDP growth, Prime Minister Tigran Sargsyan said."It's just a forecast. The macroeconomic index will be determined within coming months," he said during "Impact of the Global Crisis on Armenia: Short- and Long-run Perspectives" international conference today. There economic slump in Armenia can be 9.5%, 16% or 20%, according to the Prime Minister.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
